Search
 

Port Closes 2017 Up 11%

The Port of Long Beach had a record-breaking year, surpassing cargo volumes from 2016.

By Kelsi Maree Borland | Updated on January 29, 2018

Port of Long BeachThe Port of Long Beach had a record-breaking year in 2017. With nearly record-breaking numbers each month, the port closed the year with an 11% increase in cargo volumes last year, resulting in the busiest year in port history. In total, the port moved 7.54 million twenty-foot equivalent units of cargo. We sat down with Lee Peterson of the Port of Long Beach to talk about the increase in cargo volumes, what drove the activity and what we can expect for 2018.

GlobeSt.com: What do you think drove the unprecedented activity last year?

Lee Peterson: Trade between the U.S. and other countries was on the upswing last year, resulting in gains for many North American seaports. Given changes in the structure of ocean carrier alliances as well as the increasing size of cargo ships, the Port of Long Beach Trade was well-positioned to receive a great deal of that increasing trade. We are well-positioned because of improvements to our facilities and the experience of our terminal operators and other partners such as trucking firms and railroads, in dealing with the new landscape of international shipping.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.